Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $145.00 short put and a strike $140.00 long put offers a potential 9.89% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $145.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $140.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Berkshire is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Berkshire is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Berkshire
Berkshire Raises Stakes in Charter, DirecTV, Visa, Mastercard
Fri, 14 Nov 2014 22:41:06 GMT
10 biggest financial-market events this week
Fri, 14 Nov 2014 22:35:01 GMT
Significant Changes in Buffett and Berkshire Hathaway Holdings
Fri, 14 Nov 2014 21:58:25 GMT
Duracell Deal Will Boost Berkshire's 2Q Profit, On Paper at Least
Fri, 14 Nov 2014 21:09:51 GMT
Berkshire Hathaway to Swap Holdings in P&G for Duracell
Fri, 14 Nov 2014 18:08:51 GMT
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